The transformation of one asset to another is also a big use case for why people might buy thisso when people want to go maganlong on an exchange, set translate into yelts and completely other places of cryptl. Soo, you you would think it in a fisherg market, right? That if the funning rate is very high in one exchange and lower on another, another way that gets equalizes. And so people will also do this kind of trade a, and then from that, capture some edge.
Crypto commands unusually high yields relative to the traditional financial system, allowing investors to earn 20% on fiat and stablecoins and even more on other assets. In this episode, Su and I unpack a very simple question: Where are these yields coming from?
Topics discussed:
- Unpacking the three major sources of yield in crypto
- How sustainable are they?
- What are the risks?
- How the GBTC premium or discount affects the market
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
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